syndesi therapeutics abbvie

Luxembourg (+352) It has been a pleasure to partner with our investors to investigate the potential of SDI-118 in early clinical studies. Serbia (+381) Malaysia (+60) Malta (+356) Cleary Gottlieb Steen & Hamilton LLP acted as legal counsel to AbbVie. Haiti (+509) Virgin Islands - British (+1284) Turkey (+90) It has been a pleasure to partner with Novo Seeds, UCB and our other investors to investigate the potential of SDI-118 in early clinical studies. Indonesia (+62) AbbVie has acquired Syndesi Therapeutics from Novo Holdings for up to $1 billion. Syndesi's unique molecules act pre-synaptically to enhance synaptic efficiency by positively modulating the function of synaptic vesicle protein 2A (SV2A), which plays a central role in regulating neurotransmission. AbbVie buys Syndesi Therapeutics for up to $1bn - Silicon Republic As one of the leading pharmaceutical companies in CNS drug development globally, AbbVie makes the perfect partner to maximize the potential benefit of Syndesi's lead candidate, SDI-118, for the treatment of cognitive impairment across multiple diseases.". AbbVie has bolstered its neuropsychiatric and neurodegenerative portfolio with the acquisition of Belgium-based Syndesi Therapeutics in a deal valued at up to $1 billion. V-Bio Ventures today announced the completion of the acquisition of its portfolio company Syndesi Therapeutics SA by AbbVie (NYSE: ABBV), which will help to New Caledonia (+687) Select Country Syndesi Therapeutics is developing molecules that uniquely modulate the synaptic vesicle protein SV2A, which plays a central role in synaptic transmission (the communication between neurons in the brain). For more information about AbbVie, please visit us atwww.abbvie.com. Sri Lanka (+94) AbbVie Acquires Syndesi Therapeutics, Strengthening Neuroscience COPENHAGEN, Denmark, March 1, 2022 /PRNewswire/ -- Novo Holdings, a leading international life sciences investor, today announces that its portfolio company Syndesi Therapeutics ('Syndesi') has been acquired by AbbVie (NYSE: ABBV) for up to US$1 billion in total deal value with US$ 130 million upfront. Jonathan Savidge, Chief Executive Officer, Syndesi Therapeutics, said: "We have been impressed with the vision of AbbVie's neuroscience R&D team, who share our view on the therapeutic potential of SDI-118 in a range of neurologic diseases. Martinique (+596) (Credit: AbbVie Inc) US-based AbbVie has closed the acquisition of Syndesi Therapeutics, a Belgian biotechnology company developing novel treatments for cognitive impairment, to expand its neuroscience portfolio. St. Kitts (+1869) Estonia (+372) Egypt (+20) Czech Republic (+42) Novo Holdings also manages a broad portfolio of diversified financial assets. Site map Monaco (+377) Cambodia (+855) AbbVie Acquires Syndesi Therapeutics - bionity.com Bosnia Herzegovina (+387) Some statements in this news release are, or may be considered, forward-looking statements for purposes of the Private Securities Litigation Reform Act of 1995. AbbVie cautions that these forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those indicated in the forward-looking statements. Cleary Gottlieb Steen & Hamilton LLP acted as legal counsel to AbbVie. Lithuania (+370) AbbVie Acquires Syndesi Therapeutics, Strengthening Neuroscience Portfolio - Expands AbbVie's neuroscience portfolio, adding first-in-class modulators of the synaptic vesicle protein 2A, including lead molecule SDI-118 currently in Phase 1b studies - Novel mechanism will be Follow @abbvie on Twitter, Facebook, Instagram, YouTube and LinkedIn. Other executives include John Kemp, Chief Scientific Officer; Torsten Madsen, Chief Medical Officer and 4 others. AbbVie (NYSE: ABBV) today announced it has completed the acquisition of Syndesi Therapeutics SA, which will help to expand AbbVie's neuroscience portfolio. Under the terms of the agreement, AbbVie is expected to make an upfront payment of $130m, along . Before engaging, please read and adhere to our established community guidelines for each channel. AbbVie cautions that these forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those indicated in the forward-looking statements. The company has also benefited from support from the Walloon Region. from 8 AM - 9 PM ET. Regulating synaptic transmission represents a . AbbVie to acquire Syndesi Therapeutics and its - Medthority Marshall Islands (+692) Syndesi is focused on developing therapeutics that modulate synaptic function to relieve the symptoms of cognitive impairment . UK (+44) . We use cookies to give you the best experience. AbbVie, 01 March 2022: AbbVie (NYSE: ABBV) today announced it has completed the acquisition of Syndesi Therapeutics SA, which will help to expand AbbVie's neuroscience portfolio. Uzbekistan (+7) This acquisition gives AbbVie access to Syndesi's portfolio of novel modulators of the synaptic vesicle protein 2A (SV2A), including its lead molecule SDI-118. Eritrea (+291) Now, as part of AbbVie, the program is well positioned to move into later stages of clinical development.". Bahrain (+973) Syndesi was created in 2018 as the result of a close collaboration between Novo Seeds, the company creation arm of Novo Holdings, and UCB Pharma, the Belgium-based global pharmaceutical company. michaels paper letters. Syndesi Therapeutics's Chief Executive Officer is Jonathan Savidge. AbbVie will pay Syndesi shareholders an upfront payment of $130m as. - Deal value of US$ 1 billion with US$ 130 million upfront, - Novo Holdings co-created Syndesi Therapeutics in partnership with UCB Pharma and co-led the Series A financing, - Syndesi's lead program SDI-118 to be accelerated by AbbVie to the benefit of patients suffering from cognitive impairment associated with a range of neurodegenerative and neuropsychiatric diseases. Guinea - Bissau (+245) Togo (+228) Australia (+61) This acquisition gives AbbVie access to Syndesi's portfolio of novel modulators of the synaptic vesicle protein 2A (SV2A), including its lead molecule SDI-118. Palau (+680) Copyright 2022 AbbVie Inc. North Chicago, Illinois, U.S.A. Novo Holdings A/S is a private limited liability company wholly owned by the Novo Nordisk Foundation. Netherlands (+31) AbbVie acquires Syndesi Therapeutics - European Pharmaceutical Manufacturer AbbVie Acquires Syndesi Therapeutics, Strengthening Neuroscience Trinidad & Tobago (+1868) This acquisition gives AbbVie access to Syndesi's portfolio of novel modulators of the synaptic vesicle protein 2A (SV2A), including its lead molecule SDI-118. It originated as a spin-off of Abbott Laboratories History. The lead molecule, SDI-118, is a small molecule currently in Phase 1b studies, which is being evaluated to target nerve terminals to enhance synaptic efficiency. Novo Holdings. VIVES' Portfolio Company Syndesi Therapeutics acquired by AbbVie - Novo Holdings co-created Syndesi Therapeutics in partnership with UCB Pharma and co-led the . Today we announce the start of the first trial in the next stage of development of Syndesi's novel SV2A modulator SDI-118. Italy (+39) AbbVie Acquires Syndesi Therapeutics, Strengthening Neuroscience Two Docklands Central, Level 4Guild Street, IFSCDublin, D01 K2C5IrelandT: +353 1 5225100, 12 E 49th St11th FloorNew York, NY 10017USAT: +1 (347) 746-3252. AbbVie - Wikipedia Syndesi Therapeutics was acquired by AbbVie on March 1, 2022. Under the terms of the agreement, AbbVie will pay Syndesi shareholders a $130 million upfront payment with the potential for Syndesi shareholders to receive additional contingent payments of up to $870 million based on the achievement of certain predetermined milestones. Cook Islands (+682) AbbVie acquires Syndesi for $1bn | PE Hub Europe AbbVie (NYSE: ABBV) today announced it has completed the acquisition of Syndesi Therapeutics SA, which will help to expand AbbVie's neuroscience portfolio. Tajikstan (+7) Cleary Gottlieb Steen & Hamilton LLP acted as legal counsel to AbbVie. syndesi therapeutics products. If you are an entrepreneur with an ambitious plan, use the button below to say hello. This acquisition gives AbbVie access to Syndesi's portfolio of novel modulators of the synaptic vesicle protein 2A (SV2A), including its lead molecule SDI 118. Kyrgyzstan (+996) AbbVie buys Syndesi to strengthen its neuroscience portfolio Andorra (+376) "We have been impressed with the vision of AbbVie's neuroscience R&D team, who share our view on the therapeutic potential of SDI-118 in a range of neurologic diseases," said Jonathan Savidge, chief executive officer, Syndesi Therapeutics. Falkland Islands (+500) French Polynesia (+689) Cision Distribution 888-776-0942 AbbVie Acquires Syndesi Therapeutics, Strengthening Neuroscience Vietnam (+84) Guyana (+592) AbbVie undertakes no obligation to release publicly any revisions to forward-looking statements as a result of subsequent events or developments, except as required by law. Terms of use Central African Republic (+236) Comoros (+269) Micronesia (+691) Kiribati (+686) Company Type For Profit. Guam (+671) For more information about AbbVie, please visit us at www.abbvie.com. For more information about AbbVie, please visit us atwww.abbvie.com. Taiwan (+886) Macao (+853) Subscribe for email alerts AbbVie Acquires Syndesi Therapeutics, Strengthening Neuroscience Reunion (+262) Greenland (+299) Maldives (+960) They are also entitled to get further contingent payments of up to $870m on meeting specific pre-set milestones. Botswana (+267) France (+33) North Chicago, Illinois-based AbbVie announced Tuesday that it paid $130 million up front to acquire Syndesi Therapeutics. Under the terms of the agreement, AbbVie will pay Syndesi shareholders a $130 million upfront payment with the potential for Syndesi shareholders to receive additional contingent payments of up to $870 million based on the achievement of certain predetermined milestones. Madagascar (+261) The mechanism is currently being evaluated for the potential treatment of cognitive impairment and other symptoms associated with a range of neuropsychiatric and neurodegenerative disorders, such as Alzheimer's disease and major depressive disorder. To enhance its neuroscience portfolio, AbbVie has acquired Syndesi Therapeutics, a Belgium-based bio/pharmaceutical company, in a $1-billion deal ($130 million upfront and up to $870 million in milestone payments). Paraguay (+595) It has been a pleasure to partner with our investors to investigate the potential of SDI-118 in early clinical studies. Nicaragua (+505) Bermuda (+1441) Cookie Settings. Bangladesh (+880) - Expands AbbVie's neuroscience portfolio, adding first-in-class modulators of the synaptic vesicle protein 2A, including lead molecule SDI-118 currently in Phase 1b studies. Synaptic dysfunction is believed to underlie the cognitive impairment seen in multiple neuropsychiatric and neurodegenerative disorders. Norway (+47) Argentina (+54) Myanmar (+95) Published: 3rd Mar 2022 AbbVie announced it has completed the acquisition of Syndesi Therapeutics SA, which will help to expand AbbVie's neuroscience portfolio. Follow @abbvie on Twitter, Facebook, Instagram, YouTube and LinkedIn. Unless otherwise specified, all product names appearing in this Internet site are trademarks owned by or licensed to AbbVie Inc., its subsidiaries or affiliates. Syndesi Therapeutics was acquired by AbbVie on March 1, 2022. Northern Marianas (+670) Goodwin Procter LLP acted as lead legal counsel, along with Deloitte Legal, Belgium, and Lazard acted as the exclusive financial adviser to Syndesi. Brunei (+673) AbbVie (NYSE: ABBV) today announced it has completed the acquisition of Syndesi Therapeutics SA, which will help to expand AbbVie's neuroscience portfolio. AbbVie Inc. (ABBV) Acquires Syndesi Therapeutics, Strengthening "With AbbVie's acquisition of Syndesi, we aim to advance the research of a novel, first-in-class asset for the potential treatment of cognitive impairment associated with neuropsychiatric and neurodegenerative disorders.". AbbVie Completes Acquisition of Syndesi Therapeutics, for Up - FinSMEs Morocco (+212) Founded in December 2017 and based in Belgium, Syndesi is a clinical stage biotechnology company pioneering the development of novel therapeutics that modulate synaptic function to relieve the symptoms of cognitive impairment. Novo Holdings Portfolio Company Syndesi Therapeutics acquired by AbbVie Mongolia (+976) We worked closely with the Syndesi team and our co-investors through the Company's early development and we are incredibly proud of the progress made. Hong Kong (+852) Macedonia (+389) On Mar 2, 2022. AbbVie announced it has completed the acquisition of Syndesi Therapeutics SA, which will help to expand AbbVie's neuroscience portfolio. | Korea South (+82) China (+86) Aruba (+297) Japan (+81) The lead molecule, SDI-118, is a small molecule currently in Phase 1b studies, which is being evaluated to target nerve terminals to enhance synaptic efficiency. syndesi therapeutics products Cision Distribution 888-776-0942 Burundi (+257) COPENHAGEN, Denmark, March 1, 2022 /PRNewswire/ -- Novo Holdings, a leading international life sciences investor, today announces that its portfolio company Syndesi Therapeutics ('Syndesi'). Syndesi Acquired by Abbvie for up to $1 Billion Oman (+968) We strive to have a remarkable impact on people's lives across several key therapeutic areas: immunology, oncology, neuroscience, eye care, virology, women's health and gastroenterology, in addition to products and services across its Allergan Aesthetics portfolio. When typing in this field, a list of search results will appear and be automatically updated as you type. Dominica (+1809) Thailand (+66) Uruguay (+598) | Syria (+963) Papua New Guinea (+675) The mechanism is currently . AbbVie Acquires Syndesi Therapeutics, Strengthening - Yahoo! Additional information about the economic, competitive, governmental, technological and other factors that may affect AbbVie's operations is set forth in Item 1A, "Risk Factors," of AbbVie's 2021 Annual Report on Form 10-K, which has been filed with the Securities and Exchange Commission, as updated by its subsequent Quarterly Reports on Form 10-Q. Syndesi's unique molecules act pre-synaptically to enhance synaptic efficiency by positively modulating the function of synaptic vesicle protein 2A (SV2A), which plays a central role in regulating neurotransmission. Azerbaijan (+994) Tonga (+676) San Marino (+378) AbbVie Acquires Syndesi Therapeutics, Strengthening Neuroscience Portfolio Bhutan (+975) The lead molecule, SDI-118, is a small molecule currently in Phase 1b studies, which is being evaluated to target nerve terminals to enhance synaptic efficiency. The lead molecule, SDI-118, was discovered by UCB before being out-licensed to Syndesi as of 2018. St. Lucia (+1758) There is a major unmet need for new therapies that can help improve cognitive function in patients suffering from difficult-to-treat neurologic diseases, said Tom Hudson, M.D., senior vice president, R&D, chief scientific officer, AbbVie. Sweden (+46) Under the terms of the agreement, AbbVie will pay Syndesi shareholders a $130 million upfront payment with the potential for Syndesi shareholders to receive additional contingent payments of up to $870 million based on the achievement of certain predetermined milestones. AbbVie Acquires Syndesi Therapeutics, Strengthening Neuroscience Portfolio Published on March 6, 2022. About Syndesi Therapeutics Advisors AbbVie's acquisition of Syndesi is a testament to our strategy as well as to the leadership team, the assets they developed and the strategy they executed. Novo Holdings Portfolio Company Syndesi Therapeutics acquired by AbbVie Syndesi Therapeutics - Overview, News & Competitors | ZoomInfo.com Ecuador (+593) On . Novo Holdings Portfolio Company Syndesi Therapeutics acquired by AbbVie Cape Verde Islands (+238) CTRL + SPACE for auto-complete. V-Bio Ventures announced the completion of the acquisition of its portfolio company Syndesi Therapeutics SA by AbbVie (NYSE: ABBV), which will help to expand AbbVie's neuroscience portfolio. Gabon (+241) Syndesi Therapeutics was acquired by AbbVie on March 1, 2022 According to the deal, shareholders of Syndesi will receive an upfront payment of $130m from AbbVie. Our News | UCB Ventures AbbVie closes deal to buy Syndesi Therapeutics for up to $1 billion Wallis & Futuna (+681) Djibouti (+253) AbbVie announced it has completed the acquisition of Syndesi Therapeutics SA, which will help to expand AbbVies neuroscience portfolio. I am delighted with the announcement of this deal. Write CSS OR LESS and hit save. Goodwin Procter LLP acted as lead legal counsel, along with Deloitte Legal, Belgium, and Lazard acted as the exclusive financial adviser to Syndesi. ABBV ie (NYSE: ABBV) today announced it has completed the acquisition of Syndesi Therapeutics SA, which will help to expand ABBV ie's neuroscience portfolio. Jordan (+962) This acquisition gives AbbVie access to Syndesi's portfolio of novel modulators of the synaptic vesicle protein 2A (SV2A), including its lead molecule SDI-118. Iraq (+964) Burkina Faso (+226) Laos (+856) Belize (+501) Shares of AbbVie ABBV, +0.40% were down 0.6% in premarket trading on Tuesday after the company completed a $1 billion acquisition of Syndesi Therapeutics SA. With an upfront payment of $130 million, AbbVie gains Syndesi's portfolio of novel modulators of the synaptic vesicle protein 2A (SV2A), including its lead molecule SDI-118. Under the deal, Abbvie will pay Syndesi shareholders $130 million (116 million) upfront. NORTH CHICAGO, Ill., March 1, 2022 /PRNewswire/ -- AbbVie (NYSE: ABBV) today announced it has completed the acquisition of Syndesi Therapeutics SA, which will help to expand AbbVie's neuroscience portfolio. | Goodwin Procter LLP acted as lead legal counsel, along with Deloitte Legal, Belgium, and Lazard acted as the exclusive financial adviser to Syndesi. Niue (+683) - Deal value of US$ 1 billion with US$ 130 million upfront. The investment in Syndesi is an integral part of Novo Seeds' approach to new venture formation by co-leading spinouts from pharmaceutical companies based on assets that are no longer in-line with the corporation's overall strategy. Dominican Republic (+1809) This acquisition gives AbbVie access to Syndesis portfolio of novel modulators of the synaptic vesicle protein 2A (SV2A), including its lead molecule SDI-118. This acquisition gives AbbVie access to Syndesi's portfolio of novel modulators of the synaptic vesicle protein 2A (SV2A), including its lead molecule SDI-118. Copenhagen, Denmark - Novo Holdings, a leading international life sciences investor, today announces that its portfolio company Syndesi Therapeutics ('Syndesi') has been acquired by AbbVie (NYSE: ABBV) for up to US$1 billion in total deal value with US$ 130 million upfront. Regulating synaptic transmission represents a promising approach to treating Alzheimer's Disease and other disorders with cognitive impairment. Vatican City (+379) Chile (+56) Kenya (+254) Barbados (+1246) 01 Mar, 2022, 13:00 GMT. Milestone payments could bring shareholders of the biotech up to. Anguilla (+1264) Zambia (+260) | The mechanism is currently being evaluated for the potential treatment of cognitive impairment and other symptoms associated with a range of neuropsychiatric and neurodegenerative disorders, such as Alzheimer's disease and major depressive disorder. Follow @abbvie on Twitter, Facebook, Instagram, YouTubeand LinkedIn. Nigeria (+234) Under the terms of the agreement, AbbVie will pay Syndesi shareholders a $130 million upfront payment with the potential for Syndesi shareholders to receive additional contingent payments of. These press releases remain on AbbVie's website for historical purposes only. AbbVie announced it has completed the acquisition of Syndesi Therapeutics SA, which will help to expand AbbVie's neuroscience portfolio. Virgin Islands - US (+1340) With AbbVies acquisition of Syndesi, we aim to advance the research of a novel, first-in-class asset for the potential treatment of cognitive impairment associated with neuropsychiatric and neurodegenerative disorders.. AbbVie acquires Syndesi Therapeutics in $1bn deal - PMLiVE Now, as part of AbbVie, the program is well positioned to move into later stages of clinical development.". AbbVie Acquires Syndesi Therapeutics, Strengthening Neuroscience In this process the team has added significant insights into the biology of SV2A and the mechanism of action of the Company's lead program SDI-118. Goodwin Procter LLP acted as lead legal counsel, along with Deloitte Legal, Belgium, and Lazard acted as the exclusive financial adviser to Syndesi. We have been impressed with the vision of AbbVies neuroscience R&D team, who share our view on the therapeutic potential of SDI-118 in a range of neurologic diseases, said Jonathan Savidge, chief executive officer, Syndesi Therapeutics. ACCUEIL; SERVICES. Founded in December 2017 and based in Belgium, Syndesi is a clinical stage biotechnology company pioneering the development of novel therapeutics that modulate synaptic function to relieve the symptoms of cognitive impairment. Saudi Arabia (+966) Latvia (+371) The Internet site that you have requested may not be optimized to your screen size. Syndesi Therapeutics CEO and key executive team | Craft.co Let's connect does johns hopkins accept aetna insurance edinburgh vs kelty prediction visual illusions genre crossword cheap greyhound coats. Germany (+49) V-Bio Ventures' Portfolio Company Syndesi Therapeutics Acquired by Grenada (+1473) Sign up Synaptic dysfunction is believed to underlie the cognitive impairment seen in multiple neuropsychiatric and neurodegenerative disorders. Expand Syndesi was created in 2018 as the result of a close collaboration between Novo Seeds, the company creation arm of Novo Holdings, and UCB Pharma, the Belgium-based global pharmaceutical company. Benin (+229) Syndesi's Series A financing was co-led by Novo Holdings together with Fountain Healthcare Partners, with participation from Johnson & Johnson Innovation JJDC, Inc., SRIW (Socit Rgionale d'Investissement de Wallonie), V-Bio Ventures and Vives Fund, along with UCB Ventures. Nauru (+674) We also welcome the opportunity to hear from you in these social channels, but remember we work in a highly-regulated industry with unique legal considerations. Belarus (+375) India (+91) Syndesi Therapeutics is developing molecules that uniquely modulate the synaptic vesicle protein SV2A, which plays a central role in synaptic transmission (the communication between neurons in the brain). Georgia (+7880) "We have been impressed with the vision of AbbVie's neuroscience R&D team, who share our view on the therapeutic potential of SDI-118 in a range of neurologic diseases," said Jonathan Savidge, chief executive officer, Syndesi Therapeutics. AbbVie has acquired Belgium-based company Syndesi Therapeutics in a deal worth up to $1bn, expanding its neuroscience portfolio. Cyprus South (+357) The company has also benefited from support from the Walloon Region. . Somalia (+252) It has been a pleasure to partner with our investors to investigate the potential of SDI-118 in early clinical studies.

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